TWIS #204
More investors for Neophore. Fabrick acquired finAPI. New closing for XGen Ventures. Mondadori announced PlAI. Sifted Leadeboards.
Hello,
Welcome back to The Week in Italian Startups. This is Niccolò from Primo Ventures: every week, I publish my curated list of the latest news from the Italian startup ecosystem.
The Money 💰
M&A 🥩
Fabrick announced the acquisition of a majority stake in finAPI.
Yolo Group approved the acquisition of Bartolozzi Assicurazioni Broker. Earlier this month Yolo also announced a €7m post-IPO capital increase.
Reading this week 📚
XGen Ventures announced a new closing for their Life Science fund, at €160m.
Code smarter, not harder. The landscape for software development is changing rapidly - great post by Greylock’s Corinne Riley.
Gruppo Mondadori 🇮🇹launched PlAI, a new startup accelerator focused on GenAI startups.
Alessandro Profumo, former CEO at Unicredit and Leonard, 🇮🇹joined Rialto VC’s advisory board as president.
Startup Bakery, a venture studio, 🇮🇹plans to raise as much as 20m.
The results of the Assintel startups survey 2024.
Sifted Leaderboards
If you are a fast-growing startup from Italy, take a minute to apply to the Sifted Leaderboards for Southern Europe.
At this link the criteria and details for entering the competition.
🌟Jobs in Italian Startups🌟
If you want to have one or more job positions relevant to the Italian ecosystem listed, fill out this form. The positions will remain visible for 30 days at this link.
Latest positions:
Startup Events in Italy🎪
Keep an eye on the upcoming events in the Italian ecosystem1. Feel free to add an event through this form.
Newly added events:
Fundraising Tracker 📈
Ending Notes📝
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Giacomo Mollo and I comment weekly on the latest news: subscribe to our podcast on YouTube, Spotify, Apple Podcast, Amazon Music, and other platforms to get additional insights on what is happening in the Italian ecosystem.
Have a great week,
N.
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